TN · Metro #167

Kingsport - TN housing market

The Kingsport metro has a typical home value of $246,585, up 1.2% from a year ago. Homes are moving fast at 18 days on market, a strong seller's market. 32% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$246,585
+1.2% vs. year ago
Median sale price
$242,557
+1.7% YoY
Median list price
$319,017
Sale-to-list ratio
96.9%
Selling below ask
Days on market
18d
Listings w/ price cut
31.7%
New listings / mo
419
-0.9% YoY
Homes for sale
1,389
+11.7% YoY
Typical rent
$1,321/mo
+5.2% YoY
Rent vs buy
15.6x
Context

How to read this data

The typical home value ($246,585) is the Zillow Home Value Index for the Kingsport - TN metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.2% over the past year. In Kingsport - TN, that means a home worth $243,661 last year is now worth roughly $246,585.

The median sale price, what homes actually close for, is $242,557. Homes are selling at 96.9% of list price, meaning buyers have room to negotiate.

Homes listed in Kingsport - TN sit on the market for roughly 18 days before going pending. Shorter = seller's market; longer = buyer's market.

About 31.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 419 new listings hit the market each month in Kingsport - TN. There are currently 1,389 homes for sale, up 11.7% from a year ago.

The typical monthly rent in Kingsport - TN is $1,321, up 5.2% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.6x, toss-up (#133 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $1,274 a month in principal and interest, $47 less than renting before taxes, insurance and upkeep. The two break even at a 7.06% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in TN

MetroHome value1-yr changeDays on market
Nashville - TN$455,444 -0.8% 29.0d
Memphis - TN$246,065 +0.1% 29.0d
Knoxville - TN$367,915 +1.9% 19.0d
Chattanooga - TN$326,041 -0.2% 27.0d
Clarksville - TN$293,172 -0.2% 29.0d
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